New York State Teachers Retirement System grew its holdings in shares of Post Holdings, Inc. (NYSE:POST – Free Report) by 5.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 86,182 shares of the company’s stock after purchasing an additional 4,597 shares during the quarter. New York State Teachers Retirement System owned about 0.15% of Post worth $7,745,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also modified their holdings of the company. Sei Investments Co. raised its holdings in shares of Post by 4.8% during the 4th quarter. Sei Investments Co. now owns 172,956 shares of the company’s stock valued at $15,610,000 after purchasing an additional 7,922 shares in the last quarter. Empowered Funds LLC raised its holdings in Post by 11.5% in the 1st quarter. Empowered Funds LLC now owns 34,113 shares of the company’s stock worth $3,066,000 after acquiring an additional 3,507 shares during the period. Renaissance Technologies LLC raised its holdings in Post by 99.4% in the 4th quarter. Renaissance Technologies LLC now owns 498,700 shares of the company’s stock worth $45,013,000 after acquiring an additional 248,601 shares during the period. Russell Investments Group Ltd. raised its holdings in Post by 4.8% in the 4th quarter. Russell Investments Group Ltd. now owns 47,438 shares of the company’s stock worth $4,282,000 after acquiring an additional 2,152 shares during the period. Finally, Assetmark Inc. raised its holdings in Post by 8.3% in the 4th quarter. Assetmark Inc. now owns 9,143 shares of the company’s stock worth $825,000 after acquiring an additional 697 shares during the period. Institutional investors own 89.90% of the company’s stock.
Insider Activity
In other news, SVP Bradly A. Harper sold 1,965 shares of Post stock in a transaction dated Wednesday, May 24th. The shares were sold at an average price of $86.31, for a total transaction of $169,599.15. Following the sale, the senior vice president now directly owns 7,887 shares in the company, valued at approximately $680,726.97. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, Director Ellen F. Harshman sold 400 shares of Post stock in a transaction dated Monday, June 5th. The shares were sold at an average price of $85.60, for a total transaction of $34,240.00. Following the completion of the transaction, the director now directly owns 10,272 shares of the company’s stock, valued at approximately $879,283.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Bradly A. Harper sold 1,965 shares of Post stock in a transaction dated Wednesday, May 24th. The shares were sold at an average price of $86.31, for a total transaction of $169,599.15. Following the transaction, the senior vice president now directly owns 7,887 shares of the company’s stock, valued at $680,726.97. The disclosure for this sale can be found here. 9.60% of the stock is owned by company insiders.
Wall Street Analysts Forecast Growth
Post Price Performance
Shares of Post stock opened at $88.10 on Friday. The company has a debt-to-equity ratio of 1.68, a quick ratio of 1.97 and a current ratio of 2.73. The firm’s 50-day simple moving average is $86.41 and its 200-day simple moving average is $89.08. Post Holdings, Inc. has a twelve month low of $80.39 and a twelve month high of $98.84. The firm has a market cap of $5.62 billion, a P/E ratio of 13.59 and a beta of 0.69.
Post (NYSE:POST – Get Free Report) last issued its earnings results on Thursday, May 4th. The company reported $1.10 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.42. Post had a net margin of 6.36% and a return on equity of 7.05%. The business had revenue of $1.62 billion for the quarter, compared to analyst estimates of $1.57 billion. During the same period in the previous year, the business earned $0.24 EPS. The firm’s revenue was up 14.9% on a year-over-year basis. As a group, research analysts expect that Post Holdings, Inc. will post 4.04 EPS for the current fiscal year.
About Post
Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It operates through four segments: Post Consumer Brands, Weetabix, Foodservice, and Refrigerated Retail. The Post Consumer Brands segment manufactures, markets, and sells branded and private label ready-to-eat (RTE) cereal, hot cereal, and peanut and nut butter.
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